Missouri HOTMA Workshop
Thursday, April 11, 2024, 9:00 AM - 5:00 PM CDT
Category: Events
Maggiano's Little Italy St. Louis
#2 The Boulevard Saint Louis Fees: HOTMA is a top-to-bottom change to how affordable housing will operate. How does HOTMA affects how we operate these properties? How can we prepare, and what questions do we need answers for to proceed? Plan to leave better prepared to make the transition in the HOTMA era! INCLUDES NEW HUD IMPLEMENTATION GUIDANCE! Agenda ✔ Thoroughly updated with recent HUD guidance ✔ History of HOTMA. ✔ Applicability of specific HOTMA provisions to LIHTC, HOME, NHTF and Sec. 8. ✔ HUD Only provisions ✔ How income definitions have changed. INCLUDING CLARIFIED STUDENT INCOME RULES. ✔ How asset definitions have changed. INCLUDING CLARIFIED NECESSARY AND NON-NECESSARY PERSONAL PROPERTY AND IMPUTED ASSET INCOME RULES. ✔ Will HOTMA asset limitations apply? ✔ HOTMA and verifications of assets. ✔ Use of other means-tested programs' verifications. ✔ "Yet to come" - what questions do state LIHTC and HOME PJ agencies need in their policies? REGISTER
About the Instructor: Scott Michael Dunn - HCCP (National HCCP of the Year 2019)
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